AKBANK T.A.Ş. — Capital/Financing Update 2021

Jul 12, 2021

Summary Info	Authorization of General Directorate to Issue Borrowing Instruments Domestically
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Authorized Member Decision Date	09.07.2021
Issue Limit	10.000.000.000
Currency Unit	TRY
Issue Limit Security Type	Debt Securities
Sale Type	Public Offering
Domestic / Oversea	Domestic

Additional Explanations

It has been decided by the Board of Directors that the General Directorate would be authorized to issue bills and/or bonds in Turkish Liras in Turkey, with varying types and maturities, up to 10 Billion Turkish Liras, through one or multiple issuances; to determine the maturity of the bills and/or bonds to be issued no more than 5 years; to realize the sales via public offering; to issue with discounts and/or coupon depending on the market conditions and to issue borrowing instruments with fixed or floating interest rate; to take as reference one or more treasury bills and/or government bonds which are matching with the borrowing instruments to be issued; to add extra premium, if necessary; to determine the rate of extra premium to be added; to designate all terms and conditions regarding the issues of borrowing instruments, including the interest rates; and to make all required applications to the Banking Regulation and Supervision Agency, to the Capital Markets Board and other authorities. In case of contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.